Winnebago Industries, Inc. (NYSE:WGO) Stock Holdings Lifted by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in Winnebago Industries, Inc. (NYSE:WGO) by 5,711.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,717 shares of the construction company’s stock after purchasing an additional 8,567 shares during the quarter. International Assets Investment Management LLC’s holdings in Winnebago Industries were worth $507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its stake in Winnebago Industries by 47.8% in the second quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock valued at $77,602,000 after purchasing an additional 463,257 shares in the last quarter. 1832 Asset Management L.P. grew its stake in Winnebago Industries by 13.8% in the second quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company’s stock valued at $61,918,000 after purchasing an additional 138,327 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Winnebago Industries by 8.8% during the 2nd quarter. American Century Companies Inc. now owns 861,575 shares of the construction company’s stock worth $46,697,000 after acquiring an additional 69,453 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Winnebago Industries by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 376,829 shares of the construction company’s stock worth $20,424,000 after acquiring an additional 1,681 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its stake in shares of Winnebago Industries by 3.6% during the 1st quarter. Bridgeway Capital Management LLC now owns 238,414 shares of the construction company’s stock worth $17,643,000 after acquiring an additional 8,225 shares in the last quarter.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the transaction, the senior vice president now owns 23,728 shares of the company’s stock, valued at $1,343,953.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director William C. Fisher bought 2,000 shares of the company’s stock in a transaction dated Monday, October 28th. The stock was acquired at an average cost of $54.81 per share, with a total value of $109,620.00. Following the acquisition, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the transaction, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.75% of the company’s stock.

Winnebago Industries Price Performance

Shares of NYSE:WGO opened at $58.19 on Wednesday. The business has a 50 day moving average price of $57.50 and a 200 day moving average price of $58.21. Winnebago Industries, Inc. has a twelve month low of $49.68 and a twelve month high of $75.42. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 193.97 and a beta of 1.60. The company has a quick ratio of 1.36, a current ratio of 2.44 and a debt-to-equity ratio of 0.50.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.61). The business had revenue of $720.90 million for the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. Winnebago Industries’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 EPS. Research analysts predict that Winnebago Industries, Inc. will post 3.67 earnings per share for the current year.

Winnebago Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were issued a $0.34 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.36 annualized dividend and a yield of 2.34%. Winnebago Industries’s dividend payout ratio is 453.35%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on WGO shares. Benchmark decreased their price target on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. Robert W. Baird decreased their price target on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Truist Financial decreased their price target on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Finally, Citigroup upped their price target on Winnebago Industries from $71.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.14.

Winnebago Industries Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.